731 E 33rd St - Multi-Family FOR SALE


Los Angeles, CA 90011- Southeast Los Angeles
$1,550,000 USD
805-708-3236
731 E 33rd St, Los Angeles, CA for Sale
$1,550,000 USD
Multi-Family - FOR SALE
1/51
null | 8% Cap Rate

731 E 33rd St
Los Angeles, CA 90011
Southeast Los Angeles


HIGHLIGHTS

  • New build.
  • Huge income potential.
  • Close to USC University of Southern California.

OVERVIEW

Attention investors! William Turner of Douglas Elliman of California is pleased to present a brand new build investment opportunity in the heart of Los Angeles. Located one mile from The University of Southern California. With rents on the rise and an ever expanding University, this multi unit property is a blank slate. Ready to add to your Real Estate portfolio or for a savvy investor, this three unit, 8 bedroom and 5 bath property consists of three separate metered units with separate electric and gas meters and a single water meter for the entire property. All new appliances elevate the properties value, refrigerators not included. Parking for up to 5-6 vehicles. All units also have unique addresses. 731 E 33rd St. is a downstairs unit with a large kitchen area, living and dining room. There are three bedrooms and two bath. One bedroom in the back has an exterior entrance. This unit potentially could be a four bedroom if the dining room area was replaced. Walls would need to be enclosed and a door installed, but that's what the layout is designed for. 731 1/2 E 33rd St. is an upstairs unit with three bedrooms and two baths. The primary has a large walk-in closet. 733 E 33rd St is a two bed and one bath ADU. Unlimited potential for this property. This is a great investment, do not miss out!. Buyer to verify square footage. https://listing.upmarket.media/sites/engmgqm/unbranded

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$369 USD /SF

# OF UNITS

3

PRICE/UNIT

$516,667

CAP RATE

8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,445 SF

ZONING

LARD2

APN/PARCEL ID

5120-024-016

ASK ABOUT THIS PROPERTY

William C. Turner IIIDouglas EllimanMore Info
805-708-3236

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William C. Turner IIIDouglas EllimanMore Info
805-708-3236

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.